Worlds Biggest Funds

Latest News for: Worlds biggest funds

China to ensure achievement of annual growth target despite trade war : state planner

Moneycontrol 15 Aug 2018

This week, local governments rolled out railway investment plans as Beijing pushed them to speed up issuance of special bonds to fund infrastructure projects. As the world's second biggest economy slows, China and the United States are imposing tariffs on each other's goods, with more set to be activated next week....

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Musk's oil conspiracy against Tesla ends with Saudi Billions

Chron 14 Aug 2018

It's hard to think of a more perfect symbol of Big Oil and its money than a sovereign wealth fund created by world's biggest oil producer ... But some of the biggest innovations and sources of funding for climate solutions have also come from Big Oil ... A bigger investment to help take Tesla private would hand some part of the operating control of the world's biggest electric-car maker over to the world's biggest oil producer....

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Elon Musk says Tesla's goal is to destroy oil industry, but he wants to infuse ...

The Los Angeles Times 14 Aug 2018

It’s hard to think of a more perfect symbol of Big Oil and its money than a sovereign wealth fund created by the world’s biggest oil producer ... Tricky situation, as Tesla doesn’t advertise, but fossil fuel companies & gas/diesel car companies are among world’s biggest advertisers.— Elon Musk (@elonmusk) May 23, 2018....

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TSMC to spend US$4.49bn on capacity, development

Taipei Times 14 Aug 2018

... of US$4.49 billion, primarily to expand advanced technology capacities and to fund research and development. The world’s biggest contract chipmaker said in a statement that it plans to use the capital to build fabs, to install and expand advanced and specialty technology capacities and to boost advanced chip packaging technology capacities....

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Questions loom over Tesla deal after CEO reveals Saudi link

The Brownsville Herald 14 Aug 2018

... sovereign wealth fund ... Founded in 1971, the Public Investment Fund ranks among the world's largest sovereign wealth funds, giving it the means to buy out Tesla. It already holds about $250 billion investments around the world, according to the Sovereign Wealth Fund Institute, including a $3.5 billion stake in the biggest ride-hailing service, Uber....

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Elon Musk’s oil conspiracy against Tesla ends with Saudi Arabia’s billions

Live Mint 14 Aug 2018

It’s hard to think of a more perfect symbol of Big Oil and its money than a sovereign wealth fund created by world’s biggest oil producer ... The oil and gas companies, the wealthiest industry in the world—they don’t love the idea of Tesla advancing the progress of solar power and electric cars....

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China’s NIO EV maker, backed by Tencent, files for $1.8bn initial public offering

Business Day 14 Aug 2018

NIO and other Chinese EV makers are raising money to develop new products and fund an expansion as the world’s biggest vehicle market signals a shift to battery-powered vehicles in a bid to cut pollution and reduce dependence on imported oil ... Tesla in China ... The vehicle comes with a price tag of 448,000 yuan ($65,000) before incentives. ....

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India is rolling out a healthcare plan for half a billion people. But are there ...

News India Times 14 Aug 2018

At the time, Indian Finance Minister Arun Jaitley said this was going to be the “world’s biggest government-funded health care program.” ... Health care in the world’s most populous democracy is characterized by a yawning gap between the services available in urban and rural parts of the country and between rich and poor....

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City for robots, stakes in Tesla and Uber: Saudi plans life after oil

Hindustan Times 13 Aug 2018

The world’s biggest crude exporter is attempting to future-proof itself against oil’s decline by investing in futuristic technologies ... The government has called for shares to be sold in state oil company Saudi Aramco and for the PIF to become the world’s biggest sovereign-wealth fund, ultimately controlling more than $2 trillion....

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Saudi Arabia puts money on technology as it prepares for life after oil

The Times of India 13 Aug 2018

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Saudi puts money on tech as it prepares for life after oil

The Jakarta Post 13 Aug 2018

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Who Will Fund Elon Musk's Tesla Takeover? It Could Be Saudi Arabia

Democratic Underground 13 Aug 2018

Who Will Fund Elon Musk's Tesla Takeover? It Could Be Saudi Arabia ... of the funds plans ... The PIF sees its investment in Tesla as a strategic way for the worlds biggest crude producer to hedge against oil, the people said ... It wasnt immediately clear how much the fund would invest in Tesla....

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Astronomers urging Irish businesses to reach for the stars

Belfast Telegraph 13 Aug 2018

The chair of the Irish Astronomy Society, the most popular of its kind in the world, puts its continued rising membership down to ancient history. The society boasts around 2,000 paid-up members, which is the largest per capita in the world ... Irish Astronomy Society chairman David Moore (PA) ... “Last year the Government funded getting Ireland involved in building the world’s biggest telescope, and gave more funding for science in general ... ....

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